
417- 200 Manitoba Street, Toronto W06
Toronto W06
$659,000
Cash flow, cap rate & mortgage breakdown
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Listed by LENNARD COMMERCIAL REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 200 Manitoba Street, Unit 417 - a stunning loft residence where style, light, and lifestyle come together in one of Mimico's most sought-after communities. This beautifully refreshed 1+ 1 bedroom, 2 bath suite has been freshly painted and showcases rare 17-footfloor-to-ceiling windows that bathe the home with natural light while showcasing open views of the park and lake beyond. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating an ideal space for both everyday living and effortless entertaining. The kitchen features smart storage solutions and a breakfast bar that naturally becomes the heart of the home. As a south-facing unit, the private balcony offers a peaceful, unobstructed view of greenery and Grand Avenue Park which features a dog park, running track and playground. The unit includes 1 parking space and 1 locker. Residents enjoy excellent building amenities, including a gym, sauna, squash/racquet court, party room, outdoor rooftop terrace, bike storage, and visitor parking. Enjoy the unbeatable location places everything within walking distance, including the lake, parks, GO Train, restaurants, and charming local cafés, with quick access to the TTC, major highways, the airport, and Downtown. Experience the perfect blend of style, convenience, and community in one of Mimico's most sought-after residences.
MississaugaInvestor.ca
417- 200 Manitoba Street
Condo Apartment · 2bd/2ba · ~1,100 sqft
$659,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.77%
Monthly Cash Flow
-$2,610/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-21.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$3,033 |
| Property Tax | −$522 |
| Insurance | −$225 |
| Condo Fee | −$825 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,610/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,261 |
| Insurance | −$2,700 |
| Condo Fee | −$9,900 |
| Annual NOI | $5,079 |
| Cap Rate | 0.77% |
Cash Required to Close
| Down Payment (20%) | $131,800 |
| Ontario Land Transfer Tax | $9,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,455 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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